IMF Programs and Financial Flows to Offshore Centers /

This paper examines whether IMF lending is associated with increases in outflows to offshore financial centers (OFCs), known for bank secrecy and asset protection, relative to other international destinations. Using quarterly data from the BIS on bilateral bank deposits, we are unable to detect any...

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Autor principal: Aiyar, Shekhar
Altres autors: Patnam, Manasa
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2021.
Col·lecció:IMF Working Papers; Working Paper ; No. 2021/146
Matèries:
Accés en línia:Full text available on IMF

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